CBS News is reeling from a devastating wave of layoffs that have left dozens of employees without jobs as part of a broader cost-cutting effort by parent company Paramount. The network, which had been bracing itself for months for such a move, was hit with a "bloodbath" of cuts that affected multiple departments and resulted in the closure of its Johannesburg bureau.
The extent of the job losses is not entirely clear, but sources indicate that fewer than 100 staff members have been let go. The network's Saturday morning program will undergo significant changes, while CBS Mornings Plus and CBS Evening News Plus streaming shows are being cancelled.
One employee described the process as "nerve-racking," saying that "seems no one is safe." This sense of uncertainty was compounded by the appointment of new editor in chief Bari Weiss, whose role in shaping the layoffs remains unclear. Weiss acknowledged the challenges facing the network, calling it an "enormously difficult day" for staff who have dedicated years to their work.
Despite these tough times, Paramount CEO David Ellison has expressed confidence that the company's future is bright, with his memo to staff praising their professionalism and resilience during a period of transition. The job losses are part of a longer-term plan to double the number of layoffs, which will ultimately shape the network's structure and priorities.
The recent layoffs mark one of the largest rounds in CBS News history, following a previous round of significant job losses in May 2020. This latest wave of cuts raises questions about the future of the network and its commitment to quality journalism, as it seeks to position itself for long-term success under new leadership.
The extent of the job losses is not entirely clear, but sources indicate that fewer than 100 staff members have been let go. The network's Saturday morning program will undergo significant changes, while CBS Mornings Plus and CBS Evening News Plus streaming shows are being cancelled.
One employee described the process as "nerve-racking," saying that "seems no one is safe." This sense of uncertainty was compounded by the appointment of new editor in chief Bari Weiss, whose role in shaping the layoffs remains unclear. Weiss acknowledged the challenges facing the network, calling it an "enormously difficult day" for staff who have dedicated years to their work.
Despite these tough times, Paramount CEO David Ellison has expressed confidence that the company's future is bright, with his memo to staff praising their professionalism and resilience during a period of transition. The job losses are part of a longer-term plan to double the number of layoffs, which will ultimately shape the network's structure and priorities.
The recent layoffs mark one of the largest rounds in CBS News history, following a previous round of significant job losses in May 2020. This latest wave of cuts raises questions about the future of the network and its commitment to quality journalism, as it seeks to position itself for long-term success under new leadership.